PeerBasis
Community Improvement · MN

Minnesota Business Finance Corporation

Minnesota Business Finance Corporation reported paying Nadene Kruize, President & Ceo, $303,728 in total compensation (FY 2024).

That places Nadene Kruize at approximately the 87th percentile among 98 similarly sized community improvement nonprofits (median $173,017).

$4,303,425Total revenue (FY 2024)
$303,728Total executive compensation
87thPercentile vs. peers

Setting executive pay for this board?

Generate a board-ready comparability report for Minnesota Business Finance Corporation — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.

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Comparable community improvement nonprofits

Compensation is normalized to MN cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.

OrganizationStateRevenueTotal comp
Interfaith Housing And Community Service KS$4,331,479 $122,535
Destination Medical Center Economic MN$4,260,410 $321,952
Connected Communities Inc NY$4,346,718 $141,227
Fay-penn Economic Development Council PA$4,236,301 $141,378
36 Degrees North Co OK$4,195,828 $266,361
Corporation For Findlay Market OH$4,190,524 $125,024
Cornerstone Alliance MI$4,418,337 $296,418
Citywide Development Corporation OH$4,158,457 $286,616

View original IRS filings on ProPublica →